I have a serious question about one thing I do not understand. Is 1btc always 100 time?

At the moment we have a btc price at 760$ (100time) but what will happen when he drops to 380$ would that mean I still will get 100 time for these 380$ or would I just get 50 Time? Or would that mean I have to spend 2btc to get 100 time?

I have a serious question about one thing I do not understand. Is 1btc always 100 time?

At the moment we have a btc price at 760$ (100time) but what will happen when he drops to 380$ would that mean I still will get 100 time for these 380$ or would I just get 50 Time? Or would that mean I have to spend 2btc to get 100 time?

This is the ICO price. It's not pegged to 1 BTC after the ICO, so when we launch trading on exchanges (eg Polo), it will be traded as regular coin and the price vs BTC will depend on demand and supply on the market.

I have a serious question about one thing I do not understand. Is 1btc always 100 time?

At the moment we have a btc price at 760$ (100time) but what will happen when he drops to 380$ would that mean I still will get 100 time for these 380$ or would I just get 50 Time? Or would that mean I have to spend 2btc to get 100 time?

This is the ICO price. It's not pegged to 1 BTC after the ICO, so when we launch trading on exchanges (eg Polo), it will be traded as regular coin and the price vs BTC will depend on demand and supply on the market.

After I check all informations about this project I see that this is a perfect project which I'm looking for my investmentand I have joined the Chronobank ICO and I have just joined the signature campaign.I hope This project will bring back more profits for all investors in next year.

What I do not understand is that , if people can hire other people with bitcoin and if people can exchange your tokens to bitcoin. What is this tokens do that bitcoin can't ?

For my understanding, it's not about to hire people with btc. It's about the platform where you can find people to hire. If I don't know any plumber but I need one I could find it on LaborX and pay them with LH tokens.

1BTC =100 TIME, the most important ico price i have seen so far, high price may be negative to the sales, just my 2 cents, even ETH ICO= 0.0005BTC. BTW, the marketing and promotion is awesome, but I hope people will not scare by the high price.

After I check all informations about this project I see that this is a perfect project which I'm looking for my investmentand I have joined the Chronobank ICO and I have just joined the signature campaign.I hope This project will bring back more profits for all investors in next year.

You do say it is a stable coin but when its on exchanges the "stable" is in the hands of owners of these tokens. So say if people just use this ICO to make some short term income , they will sell the tokens right off the bat for profit and then it will have a steep decline . The "labor-time" algorithm you have would fail in that matter.

Since this will be exchangeable to bitcoin , the price will fluctuate for whatever amount people want. You think your job worths 100$? Well you can charge whatever token is equal to 100$ , who cares if its 1 token or 1000 token as long as you get 100$ worth of it?

1BTC =100 TIME, the most important ico price i have seen so far, high price may be negative to the sales, just my 2 cents, even ETH ICO= 0.0005BTC. BTW, the marketing and promotion is awesome, but I hope people will not scare by the high price.

Yes, your observation is quite correct. It will be hard to maintain price at this level or increase it.

1BTC =100 TIME, the most important ico price i have seen so far, high price may be negative to the sales, just my 2 cents, even ETH ICO= 0.0005BTC. BTW, the marketing and promotion is awesome, but I hope people will not scare by the high price.

Yes, your observation is quite correct. It will be hard to maintain price at this level or increase it.

The price will be protected by labor price depending to the country or location i think its worth buying specially the first days of ICO after all bonuses are great. The company behind it which does have years of experience in the recruitment industry is solid.

You do say it is a stable coin but when its on exchanges the "stable" is in the hands of owners of these tokens. So say if people just use this ICO to make some short term income , they will sell the tokens right off the bat for profit and then it will have a steep decline . The "labor-time" algorithm you have would fail in that matter.

Since this will be exchangeable to bitcoin , the price will fluctuate for whatever amount people want. You think your job worths 100$? Well you can charge whatever token is equal to 100$ , who cares if its 1 token or 1000 token as long as you get 100$ worth of it?

I'm not really sure I get what you mean, so I'll try to go a bit in detail.

So there are TIME tokens, that act like shares and provide rewards, still being just tokens. They are not stable-coins, they are freely traded on some bitcoin exchange.

Then we have Labour Hour Tokens (LHT) - these are stable-coins. A Labour Offering Company (LOC, there are many of them) issues some quantity Q of those LHTs and sell them with the help of Chronobank Entity (CBE) on the open market. These Q LHTs mean the promise (actually, it's a contract) to provide certain amount of work expressed in Q average hourly wages. However, hourly wage steadily grows a bit, while number of labour hours to be provided by LOC stick to Q - number of LHT. So fundamentally price of 1 LH token should slowly rise by a little bit.

The sum of all Qs is a huge number, so you can't just easily to shake market. Thus the attractor will be somewhere near the fundamental price. Additionally, in order to preserve LHT from volatility CBE will act as a market maker, using some liquidity reserve in order to buy and sell LHTs automatically by the price equal to fundamental average hourly wage. So the price will always be near those average wage.

1BTC =100 TIME, the most important ico price i have seen so far, high price may be negative to the sales, just my 2 cents, even ETH ICO= 0.0005BTC. BTW, the marketing and promotion is awesome, but I hope people will not scare by the high price.

Yes, your observation is quite correct. It will be hard to maintain price at this level or increase it.

The price will be protected by labor price depending to the country or location i think its worth buying specially the first days of ICO after all bonuses are great. The company behind it which does have years of experience in the recruitment industry is solid.

Okay so we as investors don't get LH token which is the table coins but TIME token, right? The value of TIME Token is yet to be determined after ICO which isn't stable and may depend to market.

TIME token holders will be rewarded with issuance fee every time a new LH (Labour-Hour) token is issued on any blockchain.

In addition to issuance fees, on Ethereum and blockchains that support smart contracts, TIME token holders will be rewarded with 0.15% transaction fee from any LH “send” or “redeem” transaction, including LH payments on LaborX. Therefore, the greater the volume on LaborX, the higher investors' rewards.

I look forward to the opening date of Ico.I think it will be a good project, very well invested, profitable.I hope I'm not wrong. The preparation team is very impressive and organized,The personal idea is impressive.

I look forward to the opening date of Ico.I think it will be a good project, very well invested, profitable.I hope I'm not wrong. The preparation team is very impressive and organized,The personal idea is impressive.

If you are quite sure just invest all your money and hope that your dreams become real lolNo matter how good the project but must look at the price movement of BTC because it can affect the final result icoChronoBank must devise strategies to deal with it

I look forward to the opening date of Ico.I think it will be a good project, very well invested, profitable.I hope I'm not wrong. The preparation team is very impressive and organized,The personal idea is impressive.